PSX · CEMENT
POWER Descending Triangle forming — 30 Min chart signal
Power Cement Limited
30 Min 09 Oct 2026 · 15:00 PKT
Close
21.37
▲ 0.00%
Descending Triangle forming
Chart pattern Against the trend
POWER is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 7.5x ATR wide at the start.
Upper line 21.68, lower line 21.21. The pattern favours a downside resolution: a 30-minute close above 21.71 confirms an upside breakout, a close below 21.18 a downside break.
Structure: bullish external, bullish internal (strong low 19.51). Nearest demand OB 20.86 - 20.99, supply OB 23.85 - 24.35.
More for POWER
POWER company page →Descending Triangle breakdown
POWER broke below its descending triangle on the 30-minute close at 20.95.
12 Oct 2026 · 13:30 PKT Pattern breakout
Descending Triangle breakdown
POWER broke below its descending triangle on the 30-minute close at 21.17.
12 Oct 2026 · 13:00 PKT Pattern breakout
Descending Triangle breakdown
POWER broke below its descending triangle on the 30-minute close at 21.00.
12 Oct 2026 · 11:00 PKT Pattern breakout
Descending Triangle breakdown
POWER broke below its descending triangle on the 30-minute close at 21.06.
12 Oct 2026 · 10:00 PKT Pattern breakout